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Amax says hotel takeover by Suncity ‘untrue’  

Amax says hotel takeover by Suncity ‘untrue’  

Hong Kong-listed Amax International Holdings said in a statement to the Hong Kong Stock Exchange yesterday that reported claims by junket operator Suncity that it was now controlling the mothballed Beijing Imperial Palace Hotel in Taipa are “untrue”.
Govt proposes changes to arbitration rules

Govt proposes changes to arbitration rules

Executive Council spokesman Leong Heng Teng said Thursday that the government has drafted a bill regulating the city’s arbitration procedures, which aims to encourage residents to choose arbitration as an alternative means of dispute resolution.
Lawrence Ho eyes June 15 opening for Morpheus hotel

Lawrence Ho eyes June 15 opening for Morpheus hotel

The US$1.1 billion hotel Morpheus at the City of Dreams (COD) complex in Cotai is targeted to open on June 15 with a casino floor to tap the premium mass market as there won’t be junket operators to bring in high-rollers, Melco Resorts & Entertainment Chairman and CEO Lawrence Ho Yau-lung said Tuesday.  
Melco grow 3 percent in Q1

Melco grow 3 percent in Q1

Melco Resorts & Entertainment saw its revenue grow by 3 percent to US$1.3 billion in the three months to 31 March 2018
Galaxy’s revenue rises 32 pct in Q1

Galaxy’s revenue rises 32 pct in Q1

Galaxy Entertainment Group (GEG) said in a statement Thursday that its revenue rose 32 percent year on year to HK$18.5 billion in the first quarter.
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